Itxa/278/2006 Of M/S Beekaylon Industries Ltd v. Asst. Commissioner Of Income Tax Circle 5 (5), Mumbai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.278 OF 2006 M/s. Beekaylon Industries Ltd. ..Appellant. V/s. Addl. Commissioner of Income Tax ..Respondent. Mr. Sanjiv M. Shah for appellant.Mr. Suresh Kumar for respondent. CORAM : DR. D.Y.CHANDRACHUD AND J.P.DEVADHAR, JJ.DATED : 17TH FEBRUARY, 2010 P.C. :- Learned counsel appearing on behalf of the appellant and learned counsel for the Revenue states that the issue sought to be raised in the appeal is covered against the assessee by a Full Bench judgment of the this Court in Plastiblends India Limited V/s. Additional Commissioner of Income Tax & others[1]. In the circumstance, the question of law framed stands answered against the assessee and in favour of the Revenue in terms of the judgment in Plastiblends (supra). Appeal stands disposed of accordingly with no order as to costs. (J.P.DEVADHAR, J.) (DR. D.Y.CHANDRACHUD, J.)